Re: Reason for drill holes
in response to
by
posted on
Jun 07, 2012 09:28PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Sorry, Digidue, I posted my "conclusion" post before I read that you'd posted your conclusion. I guess at the end of the day, it comes down to how we each interpret the news releases.
I can't say definitively that all the results from the first 11 holes have been published, because they did state they were resampling and testing intervals above and below the quartz veining. So those results still might be coming, however the second batch of results (holes 12 - 35) appear to be the complete results as there is no indication to the contrary. Additionally nothing has been published that leads me to conclude that results from the deeper intercepts are pending. If they were pending, St. Elias would/should have stated so in the news.
The latest news release in my opinion may trump everything by saying they found no gold mineralization associated with the large Quantec Titan 24 anomalies. I realize it says "to date" and that things could change, however, now that the drill program has been suspended and most of the holes reported, the chances, realistically, are dwindling.